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the president didn't offer any specific thing along the lines what have we heard from john boehner last week, okay, we're there on reven on the table, we'll meet you there. i didn't hear any specific -- >> don't we already have a structure? wasn't that erskine-bowles? it is another committee. >> it is a step back i think from the idea of a deal right now that would trade entitlement reform for tax increases. it sounds to me like it's tax increases for the wealthy in return for a commitment to discuss entitlement reform. >> what you did hear from the president is a statement that the american people knew what they were get what they re-elected me. he also said there is a big contrast between me and mitt romney on the campaign trail and i'm the guy who won the election. >> as one of our smart viewers tweeted in which i thought was so smart -- it's all fun and games until you have to name specific entitlements you want to cut. right? we need more specifics from both sides. all right, going to a break here but after the break, steve leisman, stick around. we also have something today called
the president didn't offer any specific thing along the lines what have we heard from john boehner last week, okay, we're there on reven on the table, we'll meet you there. i didn't hear any specific -- >> don't we already have a structure? wasn't that erskine-bowles? it is another committee. >> it is a step back i think from the idea of a deal right now that would trade entitlement reform for tax increases. it sounds to me like it's tax increases for the wealthy in return for a...
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boehner said quote raising taxes on small businesses were killed jobs in america it's as simple as that and quote well it really isn't that simple in fact economic evidence paints a very different picture under the clinton presidency the top marginal tax rate was thirty nine point six percent or what it would be if the bush tax cuts expire at the end of the year despite that rate small businesses were still able to grow twice as fast during the clinton presidency than they did while bush was in the white house even if you take off the last disastrous year of the bush administration from adequate. if republicans really want to protect the interests of small businesses and strengthen our economy and shouldn't they let the bush tax cuts expire joining me now is neil aspirate an entrepreneur and host of truth for america no welcome hey tom they're having me back thanks for joining us pardon my coffee. why do you why do you want to see small businesses fail why not why not bring them the success the bill clinton did that's why we got to lower taxes tom everybody who wants to raise taxes has
boehner said quote raising taxes on small businesses were killed jobs in america it's as simple as that and quote well it really isn't that simple in fact economic evidence paints a very different picture under the clinton presidency the top marginal tax rate was thirty nine point six percent or what it would be if the bush tax cuts expire at the end of the year despite that rate small businesses were still able to grow twice as fast during the clinton presidency than they did while bush was in...
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we'll have more on that with house speaker john boehner live at 5:00 p.m. eastern here on c-span. meanwhile, president obama held a news conference this afternoon where he responded to republican senators' opposition to u.n. ambassador susan rice and talked about the resignation of c.i.a. david depe trayus. s the president's first news conference since being elected to a second term. >> good afternoon, everybody. please have a seat. i hear you have some questions for me. but let me just make a few remarks at the top and then i'll open it up. first of all, i want to reiterate what i said on friday. right now, our economy is still recovering from a very deep and damaging crisis. so our top priority has to be jobs and growth. we've got to build on the progress that we've made. because this nation succeeds when we've got a growing, thriving middle class. and that's the idea at the core of the plan that i talked about on the campaign trail over the last year resm warding manufacturers and small businesses that create jobs here, not overseas, providing more americans the chance to earn
we'll have more on that with house speaker john boehner live at 5:00 p.m. eastern here on c-span. meanwhile, president obama held a news conference this afternoon where he responded to republican senators' opposition to u.n. ambassador susan rice and talked about the resignation of c.i.a. david depe trayus. s the president's first news conference since being elected to a second term. >> good afternoon, everybody. please have a seat. i hear you have some questions for me. but let me just...
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that came after talks broan down between the president and house speaker john boehner. senator collins told the newshour today that she's optimistic lawmakers can still strike a deal and stave off the spending cuts. >> so this has to be done carefully. i think the president's right that -- and i've said this for a long time -- that we have to look at both revenues and spending. but there needs to be compromise on both sides. >> woodruff: but mcconnell said the president needs to put a proposal on the table if any agreement is going to pass. >> the time for the president to lead is now. that means offering a concrete plan that takes into account the facthatalf the congo poses tax hikes. >> woodruff: on the democratic side house minority leader nancy pelosi rejected calls by some in the party who have argued for letting the country go over the cliff to get a better deal. >> i want you to be disabused of any notion that there's any widespread thought that it would be a good as a country for us to go over the cliff. we want an agreement. we want an agreement. >> woodruff: l
that came after talks broan down between the president and house speaker john boehner. senator collins told the newshour today that she's optimistic lawmakers can still strike a deal and stave off the spending cuts. >> so this has to be done carefully. i think the president's right that -- and i've said this for a long time -- that we have to look at both revenues and spending. but there needs to be compromise on both sides. >> woodruff: but mcconnell said the president needs to put...
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when john boehner says, i'm open to raising revenues, he had on the table a proposal to raise taxes. that's what it means when you're raising revenues. they can spin it any way they want, it's raising taxes by $800 billion. so the republican party, in a growing number of folks in the republican party, are on record for raising taxes. and they know the number's going to have to be above 800. that's the floor from last year. i think the actual number will be 1.2 which will be the middle ground between 800 and $1.6 trillion. you don't get to $1.2 trillion without either raising tax rates or changing how we tax investment, which is the reason that a lot of rich people end up paying a very low tax rate. people like mitt romney can pay an effective tax rate of 10% to 15% because so much of their income comes from long-term investment holdings. something has to give. you have to change those things if you want to raise that type of revenue. >> we've talked a lot about the tax side of this, but there's spending cuts that need to be dealt with. no one wants the automatic sequester cuts for na
when john boehner says, i'm open to raising revenues, he had on the table a proposal to raise taxes. that's what it means when you're raising revenues. they can spin it any way they want, it's raising taxes by $800 billion. so the republican party, in a growing number of folks in the republican party, are on record for raising taxes. and they know the number's going to have to be above 800. that's the floor from last year. i think the actual number will be 1.2 which will be the middle ground...
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speaker john boehner will get another term as speaker. eric cantor will be the majority leader and kevin mccarthy will be the majority whip. the contest that is up for the number four slot and that's between representative mcmorris rodgers, a republican from washington, who was the arguably the top congressional liaison for the romney-ryan presidential campaign. and tom price -- she's also the vice conference chairwoman of the caucus right now. and then tom price is the republican policy committee chairman and he is a -- considered a more partisan warrior in the republican conference. he's a former chairman of the conservative republican study committee. they are making their opening arguments this morning. they started at 9:00 a.m. got overshadowed by nancy pelosi's announcement. late other this afternoon the republicans will choose between those two people. between kathy mcmorris rodgers or tom price. host: to the phones and hear from jerry in quincy, massachusetts, democrats line. hi. chris: good morning. thanks for taking my call. i'd
speaker john boehner will get another term as speaker. eric cantor will be the majority leader and kevin mccarthy will be the majority whip. the contest that is up for the number four slot and that's between representative mcmorris rodgers, a republican from washington, who was the arguably the top congressional liaison for the romney-ryan presidential campaign. and tom price -- she's also the vice conference chairwoman of the caucus right now. and then tom price is the republican policy...